4 ms·
This is my biggest worry with UBI. Won't most of the extra wealth just be captured by rent-seeking?
by nbardy 6y ago
This is my biggest worry with UBI. Won't most of the extra wealth just be captured by rent-seeking?
- dragonwriter 6y ago> Won't most of the extra wealth just be captured by rent-seeking? There is no (first order; reductions in bureaucratic inefficiencies and social ills probably provide some as second-order effects) extra wealth, just a compression of the income distribution compared to the status quo ante.